AGP Executive Report
Last update: 5 hours agoASX & markets: Australia’s sharemarket pushed to fresh record highs again, with miners and broader risk appetite helping offset worries around housing and earnings growth. Housing & first-home buyers: The 5% deposit scheme is showing mixed results, with more first-home buyers converting into investments and policy tweaks still under scrutiny. Banking & regulation: ASIC moved against GFA Capital Markets by suspending its CFD licence for five months, while regulators also continue tightening expectations around financial services conduct. Super & retirement: HESTA flagged that working more can leave retirees worse off, adding to the debate over how super settings interact with later-life incomes. Property finance: PEXA faces a steep price cut, and investors are watching how transaction costs and market liquidity could shift. Cyber & scams: A major warning hit telecom providers to apply for membership by 14 August, as scam risks keep evolving. Deals & capital markets: Oxford Properties is reportedly seeking a ~$325m partner for completed Australian build-to-rent assets, signalling continued appetite for income-focused property. Migration & family visas: Australia’s parent visa processing times remain a flashpoint, with applicants facing extreme delays.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.